Welcome to our dedicated page for Backblaze news (Ticker: BLZE), a resource for investors and traders seeking the latest updates and insights on Backblaze stock.
Backblaze, Inc. reports developments in cloud storage, data protection, and infrastructure services for businesses, developers, managed service providers, and consumers. The company’s platform includes B2 Cloud Storage, an infrastructure-as-a-service cloud object storage offering, and Computer Backup, a software-as-a-service backup product.
Backblaze news commonly covers quarterly financial results, B2 growth trends, AI and data-intensive workloads, neocloud demand, media workflow partnerships, performance and network benchmark reports, channel recognition, leadership changes, and investor conference participation. Company updates also highlight use cases such as AI training data, generative media, application storage, cyber resilience, and critical data protection.
Backblaze (Nasdaq: BLZE) reported Q2 2026 revenue of $42.7 million, up 18% year over year, led by B2 Cloud Storage revenue of $26.6 million (+34% YoY) while Computer Backup revenue was $16.1 million (-2% YoY). Net loss improved to $5.1 million (–$0.08 per share) and Adjusted EBITDA rose to $12.8 million, or 30% of revenue.
Annual recurring revenue reached $177.3 million (+21% YoY), with B2 ARR of $113.3 million (+39% YoY). Backblaze signed a 5+ year, $335 million strategic agreement with CoreWeave, contributing to total RPO of $396 million. For 2026, the company raised revenue guidance to $172–174 million and Adjusted EBITDA margin to 27–29%.
Backblaze (NASDAQ: BLZE) will exhibit and present as a Platinum sponsor at Ai4 2026, held August 4–6 at The Venetian Las Vegas, showcasing how its high-throughput B2 object storage keeps GPUs supplied for multi-petabyte, multimodal AI workloads in cloud and on-premises environments.
According to Backblaze, demonstrations will feature the Powered by Backblaze partner service, used by edge platform Azion after migrating nearly 1PB of data, and B2 Overdrive, which offers up to 1Tbps throughput with unlimited egress and API transactions. Director of Applied AI Jeronimo De Leon will lead a session on GenAI media data pipelines on August 4 at 4:40 p.m. PT. The company will also sponsor the Women in AI Reception on August 4 and host visitors at Booth #1248.
Backblaze (Nasdaq: BLZE) announced it will host an Investor Day on Wednesday, September 9, 2026, starting at 9:30 a.m. Eastern (6:30 a.m. Pacific) in New York, NY. Institutional investors and financial analysts can request in-person attendance via email, while a live webcast and replay will be available on the company’s investor relations website.
Backblaze (Nasdaq: BLZE) released its Q2 2026 Network Stats report, introducing a new variance-based analysis of network traffic volatility across AI, neocloud, hyperscaler, CDN, hosting, and ISP workloads. Findings show hyperscaler and neocloud traffic are far more volatile than traditional internet traffic, while CDN traffic is up 66% year-over-year and AI-related workloads are becoming more geographically dispersed, particularly in EU-Central. The full report and supporting charts are available on the Backblaze blog, alongside details of a July 28, 2026 webinar discussing the results.
Backblaze (Nasdaq: BLZE) plans to report financial results for its second quarter ended June 30, 2026 on Monday, August 3, 2026 after market close. The company will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) the same day to discuss the results, with live access via webcast and phone registration links and an archived replay available later on its investor relations website.
Backblaze (Nasdaq: BLZE) released its Q1 2026 Drive Stats, covering over 341,000 production hard drives. The fleet AFR was 1.24%, down from 1.42% in Q1 2025, with lifetime AFR at 1.39%.
High-capacity drives dominated: 92% of 10,220 new deployments exceeded 20TB and 20TB+ drives showed a 0.85% AFR across more than 86,000 units. The WDC 22TB model (45,000+ units) recorded a 0.38% AFR, while the Toshiba 24TB model posted 0.22% AFR in early deployment. Backblaze noted a methodology nuance where drives failing before their first production day are not included in the dataset.
Backblaze (Nasdaq: BLZE) will sponsor RAISE Summit 2026 in Paris on July 8–9, 2026, showcasing its AI-focused cloud storage expertise.
CEO Gleb Budman joins a sovereign cloud strategy panel and judges the RAISE the STAKES AI startup competition, while its Flamethrower program supports early-stage AI startups.
Backblaze (Nasdaq: BLZE) announced a five-year, multi-exabyte data storage agreement with CoreWeave (Nasdaq: CRWV) valued at $335 million as of June 23, 2026.
Backblaze will supply HDD-based storage tiers for CoreWeave AI Object Storage, adding new service tiers without customer code changes and aligning with growing AI infrastructure demand.
Backblaze (Nasdaq: BLZE) will participate in a fireside chat at Planet MicroCap Las Vegas 2026. CFO Marc Suidan will speak on Wednesday, June 17, 2026, at 10:00 a.m. PT.
The session will be webcast live, with live and archived links available on Backblaze’s investor relations website.
Backblaze (Nasdaq: BLZE) granted an equity inducement award to new Chief Revenue Officer Anuj Kumar on May 28, 2026, under Nasdaq Rule 5635(c)(4).
The grant includes 316,630 RSUs and 105,540 PSUs, with multi‑year vesting tied to 2026 earnings and B2 Cloud Storage revenue growth performance.